Parquet & Asociados is a renowned law firm in the Paraguayan legal market. With over 60 years of practice, recognition and prestige, it is considered as one of the most important law firms in the country.
As the leading firm in Administrative Law matters, its practice covers the state financial administration, public procurement processes, administrative contracts, the centralized and decentralized administrative structure, private funding in public works and infrastructure, supervision and regulation of the public employees’ regime, the economic perspective on administrative law , the control over national public banks and the exercise of its regulatory powers, invalidation and administrative revocability, drafting and execution of the public annual budget, the duties, obligations and limitations of the public power, review of administrative measures and disciplinary provisions, prosecution capacities and the representation in actions on judicial administrative courts.
Our lawyers stand out for their expertise in the sector, and are highly regarded for their knowledge and practice regarding the organization, structure and operation of public administration, having drafted the charter acts and structure of various public entities, assisted in their functioning, analyzing technical and legal queries and providing overall counsel to state entities, multilateral institutions and state related companies. The firm provides its services to public institutions, as well as investors, suppliers, companies and individuals working with the State. The services include the most varied issues on every aspect of the state´s functioning and operations. Also, Parquet’s lawyers engage in a full array of academic activities, and most of them teach Law in various universities and other educational institutions..
In corporate matters, the Firm is proud to offer through its specialized professionals counsel and support related to companies and associations incorporation and management We provide counsel on a permanent basis related to incorporation of companies and associations, both business and civil, the installation of subsidiaries offices, the implementation of corporate daily proceedings, including shareholders meetings, shareholders agreements, board of directors meeting and the control, sale and transfer of shares, mergers, acquisitions, corporate break-ups and transformations, liquidations, as any other corporate issue. In the same sense, its practice covers the opening and advising of non-profit entities and foundations, having created and assisted an important group of local and international associations.
On Banking & Finance, Parquet & Asociados provides legal advisory services to public banks -first and second floor banking- and private banks in the country. The Law Firm is currently, the head external legal adviser to the main state financial entities; the Paraguayan Central Bank and the National Development Bank as well as other entities and associations in the financial market. The Firm has also provided thorough counselling to international investment banks and other worldwide institutions. The firm engages in modern banking digital expressions, developing new means of electronic payment devices, products and services.
With regard to capital markets and the stock exchange market, the firm is a consultant to listed companies in the stocks market, intervening in the issuance of financial instruments, either locally or internationally (sovereign bonds). The Firm has been the local advisor to the Paraguayan State in the sovereign bond issuances under Reg. S / Rule 144 of the State of New York from 2013 to 2016. It also advised the Banco Regional on the international bond issuance under the same regulations.
Since its beginnings, the Firm has provided legal assistance to projects, investment initiatives and establishment of foreign capital in Paraguay. Provides advice in all stages from planning to execution, determine business prospecting, investment conditions, incorporation of local companies and branches, financing and structuring banking and stock exchange, tax and real estate advice, mergers and acquisitions, and other forms of collaboration according to the characteristics of the investment and clients requirements.
The experience of the firm in dispute resolution in the administrative and judicial field is extensive and varied. Actively participates in both pot of court settlements and jurisdictional processes. The Firm has a well-known track record in the field of national and international arbitration and mediation, both in the civil, commercial and sports fields. Parquet´s lawyers are included in lists of arbitrators in local and international institutions. With significant experience in litigation and disputes both in the country and abroad Dr. Javier Parquet Villagra has been an arbitrator member of the Court of Arbitration for Sports (CAS) for 8 years and currently holds the position of Full Member for the Republic of Paraguay in the Permanent Mercosur Review Tribunal. Other lawyers of the firm are current members of the CONMEBOL Arbitration Court of Sports and the Court of the National Anti-Doping Organization in Paraguay. On commercial arbitration, several associates are members of the Arbitration and Mediation Center of Paraguay, ruling in domestic disputes. In investment arbitration, the members of the firm have advised the national authorities in arbitration proceedings brought to the ICSID, the International Chamber of Commerce and other forums.
The firm is composed of a highly qualified team of one partner, 20 associates, and collaborators for legal, technical and administrative assistants. Several have obtained undergraduate and postgraduate degrees at prestigious local and foreign universities, and have extensive professional experience in local public entities, multilateral entities, local and transnational private companies. In addition, several firm’s partners actively participate in the academic field as university professors and other educational institutions, and regularly collaborate with local non-profit organizations. They are members of distinguished professional, academic, social and sports organizations, national and foreign.
Parquet & Asociados is a member of Ontier Global, a network of legal firms with partners in Latin America, Europe and Asia. ONTIER qualifies itself as “the first global firm with a local soul”, providing services in multiple jurisdictions, always maintaining proximity to the needs of clients.
The Law Firm constitutes a highly relevant professional, social, academic and cultural reference in Paraguayan society, establishing itself as an important strategic ally and professional support for any entity or individual, national or foreign, with intention to undertake all kinds of lucrative or non-profit activities of profit in the country, or defend their rights and interests in litigious circumstances.
MEMBER OF ONTIER
Parquet & Asociados is a member of Ontier, the first global law firm that has been created using an innovative model in which the local approach defines the international strategy. With 21 offices in 14 countries around the world all sharing the same unique brand, cultures and values, we combine local knowledge and expertise to find effective, commercial solutions to the most demanding international challenges.
The Study is recognized as one of the TOP TIER of the Paraguayan legal market
Is an academic center focused on the research and education in Law and Social Studies